Share market update: Nifty Pharma index down; Cadila Healthcare slips 2%

NEW DELHI: Pharma shares were trading lower in Wednesday's morning session with their sectoral index trading lower.

Shares of Cadila Healthcare (down 2.37 per cent), Glenmark Pharmaceuticals (down 2.02 per cent), Piramal Enterprises (down 1.61 per cent), and Aurobindo Pharma (down 1.21 per cent) were the worst performers in the index.

Dr. Reddy's Laboratories (down 0.93 per cent), Cipla (down 0.79 per cent), Biocon (down 0.75 per cent) and Divi's Laboratories (down 0.43 per cent) too were trading with losses.

The Nifty Pharma index was trading 0.87 per cent down at 9068.70 around 10:11 am.

Benchmark NSE Nifty50 index was down 70.60 points at 11,427.30 while the BSE Sensex was down 233.05 points at 38,043.58.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of PC Jeweller, Suzlon Energy, ICICI Bank, YES Bank, DHFL, Vodafone Idea, Dish TV India, Tata Motors, Federal Bank and ZEEL were among the most traded shares on the NSE.